Deal plateforme locative, USA | Vacasa choisit l’offre de Casago et rejette la proposition de Davidson Kempner
🏠 Vacasa accepted a revised offer by Casago, a property management firm specializing in vacation rentals, to acquire all public shareholder-held shares at $5.30 per share. Casago has dropped initial merger price adjustment clauses, ensuring a fixed purchase price for shareholders. A competing offer from Davidson Kempner Capital Management LP at $5.75 per share was considered but not preferred by Vacasa’s Special Committee due to lack of a "superior proposal" and uncertainties, including unresolved tax agreement approvals and essential negotiations that Davidson Kempner failed to finalize, which could delay or jeopardize the deal. The transaction with Casago is poised for rapid completion, recommended by Vacasa's board.
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